Bankrolling NL
 

I know we have talked about bankrolls for limit a zillion times, I think NL is a totally different ballgame. I dont think you can really put a certain amount on you need to play each level, while im sure someone has somewhere but I think its more of a personal prefrence. Anyway im a pussy and always scared of losing my money so I still play the $25 NL with my $500 bankroll and here is my standards for NL what are yours?


25NL = $300-$400
50NL = $800
100NL = $1200-$1300


I know these may seem high to some but Im really not a great player so I have to be prepared for some crazy downswings.

I think a good rule of thumb is that you should never sit down with more than 5% of your bankroll at a given time. So, that means 20x the buy in.

For a $25 table, you should have at least a $500 BR.
For a $100 table, you should have at least a $2000 BR.
For a $400 table, you should have at least an $8000 BR.
(I don't often play above this, but I suppose I could).
For a $1000 table, you should have a $20k BR.
And for the $25/$50 game on Full Tilt - $5000 buy in - you should have a $100,000 BR.

This is of course assuming you buy in for the table max when you sit down, which you always should do. If you don't, it would be smarter for you to move down and buy in for the max.

K
 

im at about $490 and playing 25NL so guess im about right on...$1000 for 50NL im about on with my standards also. dont see me ever going above that, maybe 100NL one day but not for awhile dont want repeats of earlier...know what I mean vern?

Not sure why, but I've found 16x works for me. That's slightly under TP's 20x or 5% recommendation.

welp
 

I actully dropped below what needed for 25NL so I withdrew from party (waiting on check) and putting into full tilt to play their $10 NL. Didnt want to bust out playing above what im bankrolled for, If/when I get back to $500 probolly move back over to party.

What do you guys figure is the need for a bankroll X times the buyin. Is it for psychology? Weigh against bad luck? Because I find myself playing where I feel like it and my bankroll fluctuates between 500-1000. Maybe thats why I have had a bit of trouble moving up. I have great control at a NL and have had success with all levels consistently (excluding F-ing Doyle's Room).

Basically it is to eliminate (well, actually greatly reduce) your risk of ruin.

It is not a rule, but a guideline. so 16 buy-ins is fine for some and more than adequate for others, but not enough for others still.

It all depends on what kind of risk you are comfortable with.

And yes Lightfungus, I would imagine that Psychology plays a very Large part also. At least it does for me.

Psychology is definitely a part of it, but more importantly, if ou go sitting down with half your bankroll and lose it on one hand, BAM - you just lost half your bankroll! It can happen, as we all know.

By never sitting down with more than 5% of your bankroll, the most you can lose is, well, 5% of your bankroll...

You don't, by chance, teach the logic class at your local community college, do you?

I certainly should.

What about the psychology of losing only 5% of your bankroll? THat hurts me more than knowing i have more at risk.